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Daily Pivots: (S1) 0.7939; (P) 0.7954; (R1) 0.7972; More… Intraday bias in USD/CHF stays neutral as range trading continues. Deeper decline is still in favor with 0.7984 resistance intact. On the downside, below 0.7913 will turn bias to the downside for 0.7872 support, and then 0.7828 low. However, firm break of 0.7984 will suggest that […]

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EUR/CHF Daily Outlook

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EUR/USD Mid-Day Outlook

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28/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3854; (P) 1.3876; (R1) 1.3914; More… USD/CAD’s rise from 1.3418 is in progress and intraday bias stays on the upside for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3837 minor support will turn intraday bias and bring consolidations first. In the bigger […]
16/11/2024

USD/CHF Weekly Outlook

USD/CHF’s rally from 0.8733 extended to as high as 0.8916 last week, but retreated after hitting 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Initial bias remains neutral this week for consolidations first. But outlook will stay bullish as long as 0.8773 resistance turned support holds. Sustained trading above 0.8899 will pave the way back […]
05/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6304; (P) 1.6345; (R1) 1.6401; More…. Range trading continues in EUR/AUD and intraday bias remains neutral for the moment. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume the rebound […]